Red Effect Infrared Fitness vs HOTWORX Studio Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Effect Infrared Fitness vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Red Effect Infrared Fitness Franchise
HOTWORX Studio Franchise
Investment $149,500 - $1,037,500$188,070 - $351,885
Franchise Fee $45,000$129,500
Royalty Fee 7%$550/mo.
Advertising Fee 2%-
Year Founded 20162016
Year Franchised 20162017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Red Effect Infrared Fitness Franchise
HOTWORX Studio Franchise
Experience --

Financing Options

 
Red Effect Infrared Fitness Franchise
HOTWORX Studio Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support

 
Red Effect Infrared Fitness Franchise
HOTWORX Studio Franchise
Training On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Number of Employees Required to Run: 5 -

Expansion Plans

 
Red Effect Infrared Fitness Franchise
HOTWORX Studio Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Red Effect Infrared Fitness

"Red

Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.
Our group fitness classes combine infrared therapy, heart rate monitoring and
high-intensity interval training to provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just the infrared.
We have seen our members experience changes in body composition, energy levels,
self-confidence, muscle recovery, health conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.

The total investment necessary to begin operation of a Standard Studio is from $283,000 to $718,000. This includes $157,000 to $594,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Red Effect for Women Studio is from $149,500 to $349,200. This includes $101,750 to $228,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Executive Club is from $863,500 to $1,037,500. This includes $479,000 to $873,000 that must be paid to the franchisor or its affiliates.




About HOTWORX Studio

""
HOTWORX is a virtually instructed exercise program created for users to experience the many benefits of infrared heat absorption, while completing a 30-minute isometric workout or 15-min High Intensity Interval Training (HIIT) session.
We created this infrared sauna workout program for people who want to flush toxins from their bodies, increase flexibility, balance, tone, and burn massive amounts of calories in the process. So whether you want to polish off your gym workout, or you’re strictly a spa-goer who wants to enhance your regime, this innovation could be a major component of your wellness program in the future. The results will blow you away!